{"id":43530,"date":"2020-09-30T09:53:04","date_gmt":"2020-09-30T09:53:04","guid":{"rendered":"https:\/\/southafricaportal.com\/?p=43530"},"modified":"2020-09-30T09:53:04","modified_gmt":"2020-09-30T09:53:04","slug":"mit-enterprise-forum-arab-startup-competition","status":"publish","type":"post","link":"https:\/\/southafricaportal.com\/mit-enterprise-forum-arab-startup-competition\/","title":{"rendered":"MIT Enterprise Forum Arab Startup Competition | How To Apply"},"content":{"rendered":"<p><strong>MIT Enterprise Forum Arab Startup Competition application form | How to apply.<\/strong><\/p>\n<p>Below, are the details on MIT Enterprise Forum application form, requirements, eligibility,\u00a0 qualifications needed, application guidelines, application deadline, how to apply, closing date, and other opportunities links for South Africans is published here on <strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/southafricaportal.com\">Southafricaportal.com<\/a><\/span><\/strong> as well as on the official website\/application portal.<\/p>\n<h2><strong>MIT Enterprise Forum<\/strong><\/h2>\n<p>The <strong>MIT Enterprise Forum Arab Startup Competition 2021<\/strong> <strong>application details<\/strong> have been published here. All Eligible and Interested applicants may apply online for this opportunity before the application deadline-closing date.<\/p>\n<p><em><strong>NOTE:<\/strong><\/em><\/p>\n<ul>\n<li>Don\u2019t forget that\u00a0<b>MIT Enterprise Forum<\/b> application is totally free of charge<\/li>\n<li>Don\u2019t send anyone money for this opportunity.<\/li>\n<li>Beware of Fraudsters!!!!<\/li>\n<li>Subscribe to our notification list with your email to receive the Latest Opportunities Update.<\/li>\n<\/ul>\n<h2><strong>Details of MIT Enterprise Forum<\/strong><\/h2>\n<p><strong>Deadline: December 15, 2020<\/strong><\/p>\n<p>Applications are open for the\u00a0<a href=\"https:\/\/opportunitydesk.org\/2020\/09\/30\/mit-enterprise-forum-arab-startup-competition-2021\/\">MIT Enterprise Forum Arab Startup Competition 2021<\/a>. The MIT Enterprise Forum Arab Startup Competition (ASC) is a yearly competition initiated by the MIT Enterprise Forum Pan Arab since 2006. This annual competition is designed to empower entrepreneurs and foster an eco-system of innovation and entrepreneurship in the Arab Region.<\/p>\n<p>ASC pits entrepreneurs in three different tracks: Ideas, Startups and Social Entrepreneurship Track. The winning teams are awarded prize money in equity free fund and benefit from a range of other activities including top tier training, mentorship, coaching, media exposure and great networking opportunities.<\/p>\n<p><strong>ASC Boot camp<\/strong><\/p>\n<p>An intensive 3-day bootstrapping training program designed specifically for the semifinalist teams of the competition to prepare them for their final pitches.<\/p>\n<p>The training is customized for each of the three tracks and covers topics including but not limited to scaling businesses, building business models and value propositions, customer journey mapping, fundraising, and pitching. ASC bootcamps also include the flagship mentorship activity putting the participating entrepreneurs face to face with leading industry experts. Held in a different Arab city every edition, that bootcamps gather over a 100 entrepreneurs and have so far offered top-tier training for a total of 2,400 entrepreneurs.<\/p>\n<p><strong>Benefits<\/strong><\/p>\n<p>Winners will receive:<\/p>\n<ul>\n<li>Top tier trainings.<\/li>\n<li>Mentorship.<\/li>\n<li>Media exposure.<\/li>\n<li>Networking opportunities.<\/li>\n<li>Equity free prize money.<\/li>\n<\/ul>\n<p><strong>Eligibility<\/strong><\/p>\n<p>The eligibility vary per track:<\/p>\n<p><strong>Startups Track<\/strong><\/p>\n<ul>\n<li>At least two members.<\/li>\n<li>Working product\/service, traction and sales.<\/li>\n<li>Generating revenues.<\/li>\n<li>Have not raised funding above 1,500,000 USD.<\/li>\n<li>Legally registered \/ operating in an Arab country.<\/li>\n<li>Should be in Tech or Digital industry.<\/li>\n<\/ul>\n<p><strong>Ideas Track<\/strong><\/p>\n<ul>\n<li>At least two members.<\/li>\n<li>Proof of concept &amp; prototype.<\/li>\n<li>Validated business model &amp; clear plan to grow.<\/li>\n<li>Has a mentor\/industry Expert.<\/li>\n<li>Should be in Tech or Digital industry.<\/li>\n<\/ul>\n<p><strong>Social Entrepreneurship Track<\/strong><\/p>\n<div class=\"12e8abe62ae64b91c0bfbd6c80849a4d\" data-index=\"4\"><\/div>\n<ul>\n<li>At least two members.<\/li>\n<li>Working product\/service, traction and sales.<\/li>\n<li>Generating revenues.<\/li>\n<li>Have not raised funding above 1,500,000 USD.<\/li>\n<li>Legally registered \/ operating in an Arab country.<\/li>\n<li>Should be in Tech or Digital industry.<\/li>\n<li>Addressing a social challenge.<\/li>\n<\/ul>\n<p><strong>Judging Process<\/strong><\/p>\n<p>Round 1<\/p>\n<ul>\n<li>Applications are accepted in English, French, and Arabic.<\/li>\n<li>Each application is graded remotely by at least 2 different judges from technology, investment, acceleration, and tech savvy backgrounds.<\/li>\n<li>Up to 50 semifinalist teams from different tracks are selected for the second round. These teams will have scored the highest average score on their application forms. MITEF Pan Arab reserves the right to modify the number of selected teams.<\/li>\n<\/ul>\n<p>Round 2<\/p>\n<ul>\n<li>The selected semi-finalist teams are required to attend virtually the bootcamp, round 2 judging process, the final award ceremony and conference.<\/li>\n<li>The semi-finalist teams are required to pitch virtually and in private in front of a Round 2 jury panel, where they will have 3 minutes to present\/pitch, followed by 5 minutes of Q&amp;A.<\/li>\n<li>The oral presentations should be delivered in English.<\/li>\n<li>After the oral presentations , the jury will deliberate and select 10 finalist teams that qualify to the final round of the track.<\/li>\n<\/ul>\n<p>Final Round<\/p>\n<ul>\n<li>The finalists teams are required to pitch virtually and in private in front of a Final Round Jury panel where they will have 3 minutes to present, followed by 5 minutes of Q&amp;A.<\/li>\n<li>The oral presentations should be delivered in English.<\/li>\n<li>After the oral presentations, the jury will deliberate and select the two winners of the track.<\/li>\n<\/ul>\n<p><strong>Application<\/strong><\/p>\n<p>To apply,<\/p>\n<ol>\n<li>Create an account or log in if you already have one.<\/li>\n<li>Select the language in which you wish to apply with.<\/li>\n<li>Select the track.<\/li>\n<li>Fill out the application form.<\/li>\n<li>Submit the application before the deadline.<\/li>\n<\/ol>\n<p><strong><a href=\"https:\/\/mitarabcompetition.com\/en\/competition\/apply\" target=\"_blank\" rel=\"noreferrer noopener\">Click here to begin your application<\/a><\/strong><\/p>\n<p>For more information, visit\u00a0<strong><a href=\"https:\/\/mitarabcompetition.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">MIT Enterprise Forum<\/a>.<\/strong><\/p>\n<p>However, if you have any Feeling regarding the\u00a0<strong><b>MIT Enterprise Forum<\/b><\/strong><strong>,\u00a0<\/strong>Please kindly DROP A COMMENT below and we will respond to it as soon as possible.<\/p>\n<p><strong>Please help others by sharing this post on any social media.<\/strong><\/p>\n<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><div class=\"aa-end\"><\/div>","protected":false},"excerpt":{"rendered":"<p>MIT Enterprise Forum Arab Startup Competition application form | How &hellip; <\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[13],"tags":[94496,94494,94495],"class_list":["post-43530","post","type-post","status-publish","format-standard","hentry","category-opportunities","tag-mit-enterprise-forum-arab-startup","tag-mit-enterprise-forum-arab-startup-competition","tag-mit-enterprise-forum-arab-startup-competition-2021-2022"],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - 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